Snowflake Inc. (NYSE:SNOW) Given Consensus Rating of “Moderate Buy” by Brokerages

Snowflake Inc. (NYSE:SNOW) has received an average rating of “Moderate Buy” from the forty-three brokerages that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, thirty-five have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $275.3243.

Several research analysts have recently weighed in on SNOW shares. Scotiabank reaffirmed an “outperform” rating on shares of Snowflake in a research report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft upped their price target on Snowflake from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Morgan Stanley raised their price target on shares of Snowflake from $272.00 to $299.00 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Rosenblatt Securities boosted their price objective on shares of Snowflake from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, December 1st. Finally, UBS Group reaffirmed a “buy” rating on shares of Snowflake in a research report on Thursday, December 4th.

Snowflake Stock Down 1.5%

Shares of SNOW stock opened at $221.63 on Thursday. Snowflake has a 12-month low of $120.10 and a 12-month high of $280.67. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.07. The firm has a fifty day moving average of $246.61 and a 200-day moving average of $228.10. The company has a market capitalization of $75.84 billion, a price-to-earnings ratio of -54.86 and a beta of 1.09.

Snowflake (NYSE:SNOW) last posted its quarterly earnings data on Wednesday, December 3rd. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.31 by $0.04. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Snowflake had a negative net margin of 30.76% and a negative return on equity of 45.91%. The firm’s revenue was up 28.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.20 EPS. As a group, equities research analysts predict that Snowflake will post -2.36 earnings per share for the current fiscal year.

Snowflake News Summary

Here are the key news stories impacting Snowflake this week:

• Positive Sentiment: Snowflake is reportedly in talks to buy app‑monitoring startup Observe for about $1 billion to broaden its AI and observability stack — a deal that would accelerate Snowflake’s ability to capture AI‑driven workloads and strengthen platform stickiness. Read More.
• Positive Sentiment: Multiple outlets report the same Observe acquisition talks, underscoring market attention to Snowflake’s M&A push to sharpen its AI edge. Read More.
• Positive Sentiment: AI is already a major revenue driver — reports say AI accounts for ~50% of bookings and Snowflake hit an early $100M AI run‑rate, supporting upside to usage‑based revenue as customers run larger AI workloads. Read More.
• Neutral Sentiment: Sell‑side coverage remains mostly positive but varied: many Buy/Outperform ratings and elevated price targets, creating supportive long‑term narrative though near‑term targets differ.
• Neutral Sentiment: Market commentary and price‑forecast pieces note recent volatility (monthly declines after YTD gains); useful for context but not new fundamentals. Read More.
• Negative Sentiment: Large insider sale: Director Frank Slootman disclosed selling 200,000 shares (~$44M), a material reduction that can create short‑term selling pressure or investor concern despite possible personal/liquidity reasons. Read More.
• Negative Sentiment: Other insider sales: EVP Christian Kleinerman and CAO Emily Ho sold smaller tranches (disclosed filings), adding to perception of insider distribution this week. Read More. • Read More.

Insider Buying and Selling at Snowflake

In other news, EVP Christian Kleinerman sold 10,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $249.53, for a total value of $2,495,300.00. Following the completion of the transaction, the executive vice president owned 512,450 shares in the company, valued at $127,871,648.50. This trade represents a 1.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Vivek Raghunathan sold 11,801 shares of the company’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $223.22, for a total value of $2,634,219.22. Following the sale, the senior vice president owned 241,854 shares in the company, valued at $53,986,649.88. The trade was a 4.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 423,681 shares of company stock valued at $98,164,051. Corporate insiders own 6.80% of the company’s stock.

Institutional Trading of Snowflake

Several institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC increased its holdings in shares of Snowflake by 90.0% during the 4th quarter. Brighton Jones LLC now owns 61,885 shares of the company’s stock worth $9,556,000 after acquiring an additional 29,320 shares during the last quarter. Compound Planning Inc. bought a new position in Snowflake during the first quarter worth $324,000. Kestra Advisory Services LLC increased its holdings in shares of Snowflake by 7.3% in the first quarter. Kestra Advisory Services LLC now owns 28,262 shares of the company’s stock valued at $4,131,000 after purchasing an additional 1,929 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Snowflake by 6.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 52,009 shares of the company’s stock valued at $7,602,000 after purchasing an additional 3,222 shares during the period. Finally, Smartleaf Asset Management LLC lifted its stake in shares of Snowflake by 23.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 1,091 shares of the company’s stock worth $164,000 after buying an additional 204 shares during the last quarter. Institutional investors own 65.10% of the company’s stock.

Snowflake Company Profile

Snowflake Inc is a cloud-native data platform company that provides a suite of services for storing, processing and analyzing large volumes of data. Its core offering, often described as the Snowflake Data Cloud, combines data warehousing, data lake and data sharing capabilities in a single managed service delivered across major public cloud providers. The platform is designed to support analytics, data engineering, data science and application workloads with a focus on scalability, concurrency and simplified administration.

Key products and capabilities include a multi-cluster, shared-data architecture that separates compute from storage; continuous data ingestion and streaming; support for structured and semi-structured data formats; tools for data governance, security and compliance; and developer frameworks for building data applications.